Soldato
Y
1 rig with 1 GPU using 550w is terribad
1x TR cpu 100% and 1x GPU.
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Y
1 rig with 1 GPU using 550w is terribad
1x TR cpu 100% and 1x GPU.
Yes, its still awful, for like 10p a day profit according to the calculator. I mean, not that he cares because he's using his university's leccy, so actually taking the 50p a day as profit, but this is what gives miners a bad rep.
I'd be supprised if people are buying cards to mine right now since the the resale value is dropping faster than you can make back mining.
First off I'm not using that card or a single card - I have a smart meter so I know exactly how much leccy I am using with all my rigs running Vs all off. And I know exactly how much my payouts are. Working that out for a given 24hr period would be multiplication, so some people don't even know what function type they need to use.
If £180 a month profit is peanuts to you then that's fine, but I am quite happy with that, considering I started mining 5 years ago and now have over 20k tucked away having taken enough out to pay the costs off already.
Guaranteed!?True, though there's a certain price floor where they become profitable to buy for mining again, and I think we'll reach it soon.
Example: 3060Ti's - were £1000+, now £700-800. Picking one up (non LHR) for less than £600 you're guaranteed to ROI by Christmas just sticking it on ETH and forgetting about it. There's also the decent chance that crypto booms back at ANY point in the next 6 months, and then you've got a card at an absolute bargain price.
Does he even use the PC to play games !
You see why OcUk's 1000 post voucher system is a total an utter nonsense!
These 1000 post members have a lot of miners, hidden on the forum with the sole purpose to purchase GPUs for thier minining activities and cover it up with excusses of gaming. The other 1000 post member claimed he was buying another GPU for his son, the other claimed it was for his neighbour.
Desperate times for miners is exposing them on the forum.
Keep I'm fooling yourself. 20 k yah I expect you have a million stacked away too.
Keep I'm fooling yourself. 20 k yah I expect you have a million stacked away too.
The coveted £10/MH rule for GPU price is dead. It is more like £5/MH if you intend to ROI before Dec.
If you have more than one GPU atm and they have been ROIed then it is a lot quicker to ROI the new GPU.
nevertheless, buying GPU right now to mine is mad as prices are unattractive. Prices needs to be below MSRP really to make sense for mining on new cards.
even a £600 3070 you are looking at close to 9month ROI. So the 3070 needs to be £400 to ROI. Maths gets worse for 3080 and 3090. 3060ti is non-existent so pointless to include.
I sold my 3060ti to a certain high street store 4 weeks ago now and its still sitting on the shelf......
Hmm I skip 5-10 posts and people are still taking this thread off topic with the mining willy waving.
Love this. Given the ridiculous prices they were offering to then blatantly scalp customers, I hope it rots with them!
Keep I'm fooling yourself. 20 k yah I expect you have a million stacked away too.
It's not really off-topic though, the "panic selling" is directly related to the recent drop in mining profitability, so discussing mining profitability is quite relevant to the conversation!
This thread is hilarious, how did i miss this
I had to just check what the subject was, it's a classic... Talk about deviate from the main subject
Surprised the mods haven't jumped in to get it back on top . Never seen one go on for this long about nothing relating to the original topic lol.
This thread is worse than a SUN article. Total rubbish.
Yes, its still awful, for like 10p a day profit according to the calculator. I mean, not that he cares because he's using his university's leccy, so actually taking the 50p a day as profit, but this is what gives miners a bad rep.
I never understand CeX's business approach other than thinking that they operate on take advantage of consumers that don't know any better.I dont feel sorry for CeX if they get lumbered with cards they cant sell or make a loss on as they play a part in dictating pricing of second hand cards.